Conventional 30 Year FixedRate Assumptions
Conventional 15 Year FixedRate Assumptions
FHA 30 YearRate Assumptions
VA 30 YearRate Assumptions
Our quick and easy process cuts out unnecessary steps that waste your time and money. There’s no time spent in traffic on your way to a loan office. No sales pitches for stuff you don’t really need. Actually, no sales pitches at all. We’re just here (well, the internet kind of here) to get the money you need to buy your next place.
Minute Mortgage uses technology and intelligent data to enable an end-to-end digital mortgage designed with today’s modern, online-savvy consumer in mind.
The fully-online system saves homebuyers time and money by encapsulating the entire experience from application to closing.
By eliminating 80% of the work required by customers and loan officers, Minute Mortgage is able to close loans up to 75% faster than traditional mortgage companies.
This gives home buyers the security and the validation of an approved home loan within minutes.
I’ve bought and sold multiple homes in the past few decades and I can confidently say I’ve never worked with a mortgage professional whose customer care and expertise is better than Brooke’s.
She clearly communicated with my wife and I throughout the process and our entire experience was nothing short of superb, thanks to Brooke and Minute Mortgage’s technology.
The advice and direction Brooke gave my daughter and I saved us time and money. She truly cares about her customers and what is best for them. Minute Mortgage is the only company we will ever use.
Brooke has helped my husband and I with several purchases and refinances over the years. Her expertise and attention to detail is amazing. She makes what could be a stressful process simple and straightforward.
The service Jonathan provided us was amazing! The entire process was as smooth as possible and he was always available to help us and answer any questions. We truly appreciated it!
Discount points are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can lower your monthly mortgage payments.
One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000). Essentially, you pay some interest up front in exchange for a lower interest rate over the life of your loan.
In general, the longer you plan to own the home, the more points help you save on interest over the life of the loan.
The example payments do not include taxes, insurance or assessments. Mortgage Insurance Premium (MIP) is required for all FHA loans and Private Mortgage Insurance (PMI) is required for all conventional loans where the loan amount exceeds 80% of the subject property value (LTV).
Mortgage interest rates shown are based on a 30 day rate lock period. All loan products and pricing assume the property type is single family and will be used as your primary residence. All loan products and pricing are based on the location of Maricopa County, AZ.
The Annual Percentage Rate (APR) is a measure the total cost to borrow money as an annual percentage. The APR includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, and origination fees). The APR can be a useful method to compare the costs of similar loans between lenders.
The rate, terms and estimated closing costs above do not constitute a Loan Estimate. The Loan Estimate is prepared based on your specific information provided that you will receive once you apply for a loan. The rate, terms and estimated closing costs, are estimations based on the assumptions noted above. This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary, and may include city, county or other additional fees and costs.
The displayed interest rates and APRs are based upon a variety of assumptions and conditions which include an assumption for consumer credit profile. Your actual credit score may be higher or lower than the assumption shown. Your loan's interest rate will depend upon the specific characteristics of your loan transaction.
Minute Mortgage is located at 8388 E Hartford Dr, suite 111, Scottsdale, AZ 85255 NMLS 1696333. 1-602-443-5000. Copyright 2019. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Click Here for Licensing Information.
Minute Mortage is an independent mortgage lender and is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA)